Notification & Circulars

Pioneering Best Practices in Banking: India’s Record

Notification No#24.11.16 24 November 2016

Pioneering Best Practices in Banking: India’s Record (Shri R. Gandhi, Deputy Governor - November 24, 2016 - at the 33rd Sir Purshotamdas Thakurdas Memorial Lecture, Mumbai) Good evening! 2. In the post-crisis era, the international thinking on banking and finance stands fundam..

Posted in Community & General

Discontinuation of over the Counters Exchange of SBN

Notification No#1391/10.27.00/2016-17 24 November 2016

RBI/2016-17/155 DCM (Plg) No.1391/10.27.00/2016-17 November 24, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks Dear Sir,..

Posted in Community & General

Withdrawal of Specified Banknotes : Cash requirements of pensioners and Armed Forces Personnel

Notification No#1384/10.27.00/2016-17 24 November 2016

RBI/2016-17/154 DCM (Plg) No.1384/10.27.00/2016-17 November 24, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks/ District Central ..

Posted in Community & General

Special knowledge or practical experience useful to banking companies

Notification No#39/29.39.001/2016-17 24 November 2016

RBI/2016-17/152 DBR.Appt.BC.No.39/29.39.001/2016-17 November 24, 2016 All Commercial Banks excluding RRBs Dear Sir / Madam, Special knowledge or practical experience useful to banking companies In the backdrop of innovations in banking and tech..

Posted in Community & General

Specified Bank Notes (SBNs) - Deposit under Guarantee Scheme to decongest the storage facilities at banks

Notification No#1383/10.27.00/2016-17 24 November 2016

RBI/2016-17/153 DCM (Plg) No.1383/10.27.00/2016-17 November 24, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks Dear ..

Posted in Community & General

Regarding reducing/eliminating printouts in Customs Clearance

Notification No#55/2016-Customs 23 November 2016

[F. No. 450/25/2013-Cus IV (Pt)] Government of India Ministry of Finance Department of Revenue Central Board of Excise And Customs New Delhi Circular No. 55/2016-Customs, Dated: November 23, 2016 To All Principal Chief Commissioners/Chief Commissioners of Customs/ Customs..

Posted in Custom

Deposit of old demonetized notes of Rs. 500 and Rs. 1000 in Small Savings Scheme

Notification No#1/04/2016-NS.II 23 November 2016

F.No. 1/04/2016-NS.II Ministry of Finance Department of Economic Affairs (Budget Division) North Block, New Delhi Dated 23.11.2016 To 1. The Chief general Manager Reserve Bank of India Department of Government and Bank Accounts Central Office, Byculla Office Building ..

Posted in Community & General

Safeguard duty on Hot Rolled flat sheets and plates

Notification No#3/2016-Customs (SG) 23 November 2016

Seeks to levy safeguard duty on Hot Rolled flat sheets and plates (excluding hot rolled flat products in coil form) of alloy or non-alloy steel having nominal thickness less than or equal to 150mm and nominal width of greater than or equal to 600mm [TO BE PUBLISHED IN THE GAZETTE OF IND..

Posted in Custom

Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- Exchange Facility – Reports of misuse – Caution to Public

Notification No#2016-2017/1283 22 November 2016

The facility for public to exchange the specified bank notes (old notes in ₹ 500 and ₹ 1000) for legal tender notes and allowing them to deposit into bank accounts in unlimited amounts is provided to enable members of the public in possession of these notes as on the date of the announcement to secu..

Posted in Community & General

Regarding further rationalization of revised simplified procedure for fixation of brand rates

Notification No#54/2016-Customs 22 November 2016

F.No.609/84/2016-DBK Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Drawback Division, New Delhi Circular No. 54/2016-Customs, Dated: November 22, 2016 To, Principal Chief Commissioners/ Directors Gene..

Posted in Custom